http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Wed, 21 Oct 2026 07:40:16 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Analyst+PT+Change/Churchill+Downs+%28CHDN%29+PT+Lowered+to+%24115+at+Susquehanna/27213139.html Susquehanna analyst Joseph Stauff lowered the price target on Churchill Downs (NASDAQ: CHDN) to $115.00 (from $124.00) while maintaining a Positive rating. http://www.streetinsider.com/Analyst+PT+Change/Churchill+Downs+%28CHDN%29+PT+Lowered+to+%24115+at+Susquehanna/27213139.html Wed, 21 Oct 2026 07:40:16 -0400 CHDN http://www.streetinsider.com/General+News/Jefferies+reports+New+Jersey+casino+revenue+dipped+in+September/27206943.html <p>Investing.com -- New Jersey's gross gaming revenue fell 1.3% in September, leading to flat third-quarter growth compared to a 4.3% increase in the prior-year period, according to Jefferies.</p><p>Caesars Entertainment (NASDAQ:CZR) properties showed strength during September with a 9.4% year-over-year increase. This growth was offset by weakness at MGM Resorts International's (NYSE:MGM) Borgata property, which may be experiencing disruption from its ongoing $107 million room renovation project.</p><p>For states that reported data through September, third-quarter gross gaming revenue growth varied by operator. Penn Entertainment (NASDAQ:PENN) recorded 3.9% growth, while Churchill Downs (NASDAQ:CHDN) posted 3.5% growth. Boyd Gaming (NYSE:BYD) showed 1.9% growth and http://www.streetinsider.com/General+News/Jefferies+reports+New+Jersey+casino+revenue+dipped+in+September/27206943.html Tue, 20 Oct 2026 08:01:08 -0400 BYD CHDN CZR MGM PENN http://www.streetinsider.com/General+News/Jefferies+reports+New+Jersey+casino+revenue+dipped+in+September/27206943.html <p>Investing.com -- New Jersey's gross gaming revenue fell 1.3% in September, leading to flat third-quarter growth compared to a 4.3% increase in the prior-year period, according to Jefferies.</p><p>Caesars Entertainment (NASDAQ:CZR) properties showed strength during September with a 9.4% year-over-year increase. This growth was offset by weakness at MGM Resorts International's (NYSE:MGM) Borgata property, which may be experiencing disruption from its ongoing $107 million room renovation project.</p><p>For states that reported data through September, third-quarter gross gaming revenue growth varied by operator. Penn Entertainment (NASDAQ:PENN) recorded 3.9% growth, while Churchill Downs (NASDAQ:CHDN) posted 3.5% growth. Boyd Gaming (NYSE:BYD) showed 1.9% growth and http://www.streetinsider.com/General+News/Jefferies+reports+New+Jersey+casino+revenue+dipped+in+September/27206943.html Tue, 20 Oct 2026 08:01:08 -0400 BYD CHDN CZR MGM PENN http://www.streetinsider.com/General+News/Jefferies+reports+New+Jersey+casino+revenue+dipped+in+September/27206943.html <p>Investing.com -- New Jersey's gross gaming revenue fell 1.3% in September, leading to flat third-quarter growth compared to a 4.3% increase in the prior-year period, according to Jefferies.</p><p>Caesars Entertainment (NASDAQ:CZR) properties showed strength during September with a 9.4% year-over-year increase. This growth was offset by weakness at MGM Resorts International's (NYSE:MGM) Borgata property, which may be experiencing disruption from its ongoing $107 million room renovation project.</p><p>For states that reported data through September, third-quarter gross gaming revenue growth varied by operator. Penn Entertainment (NASDAQ:PENN) recorded 3.9% growth, while Churchill Downs (NASDAQ:CHDN) posted 3.5% growth. Boyd Gaming (NYSE:BYD) showed 1.9% growth and http://www.streetinsider.com/General+News/Jefferies+reports+New+Jersey+casino+revenue+dipped+in+September/27206943.html Tue, 20 Oct 2026 08:01:08 -0400 BYD CHDN CZR MGM PENN http://www.streetinsider.com/General+News/Jefferies+reports+New+Jersey+casino+revenue+dipped+in+September/27206943.html <p>Investing.com -- New Jersey's gross gaming revenue fell 1.3% in September, leading to flat third-quarter growth compared to a 4.3% increase in the prior-year period, according to Jefferies.</p><p>Caesars Entertainment (NASDAQ:CZR) properties showed strength during September with a 9.4% year-over-year increase. This growth was offset by weakness at MGM Resorts International's (NYSE:MGM) Borgata property, which may be experiencing disruption from its ongoing $107 million room renovation project.</p><p>For states that reported data through September, third-quarter gross gaming revenue growth varied by operator. Penn Entertainment (NASDAQ:PENN) recorded 3.9% growth, while Churchill Downs (NASDAQ:CHDN) posted 3.5% growth. Boyd Gaming (NYSE:BYD) showed 1.9% growth and http://www.streetinsider.com/General+News/Jefferies+reports+New+Jersey+casino+revenue+dipped+in+September/27206943.html Tue, 20 Oct 2026 08:01:08 -0400 BYD CHDN CZR MGM PENN http://www.streetinsider.com/General+News/Jefferies+reports+New+Jersey+casino+revenue+dipped+in+September/27206943.html <p>Investing.com -- New Jersey's gross gaming revenue fell 1.3% in September, leading to flat third-quarter growth compared to a 4.3% increase in the prior-year period, according to Jefferies.</p><p>Caesars Entertainment (NASDAQ:CZR) properties showed strength during September with a 9.4% year-over-year increase. This growth was offset by weakness at MGM Resorts International's (NYSE:MGM) Borgata property, which may be experiencing disruption from its ongoing $107 million room renovation project.</p><p>For states that reported data through September, third-quarter gross gaming revenue growth varied by operator. Penn Entertainment (NASDAQ:PENN) recorded 3.9% growth, while Churchill Downs (NASDAQ:CHDN) posted 3.5% growth. Boyd Gaming (NYSE:BYD) showed 1.9% growth and http://www.streetinsider.com/General+News/Jefferies+reports+New+Jersey+casino+revenue+dipped+in+September/27206943.html Tue, 20 Oct 2026 08:01:08 -0400 BYD CHDN CZR MGM PENN http://www.streetinsider.com/Analyst+PT+Change/Churchill+Downs+%28CHDN%29+PT+Lowered+to+%24140+at+Truist+Securities/27206493.html Truist Securities analyst Barry Jonas lowered the price target on Churchill Downs (NASDAQ: CHDN) to $140.00 (from $145.00) while maintaining a Buy rating. http://www.streetinsider.com/Analyst+PT+Change/Churchill+Downs+%28CHDN%29+PT+Lowered+to+%24140+at+Truist+Securities/27206493.html Tue, 20 Oct 2026 07:08:43 -0400 CHDN http://www.streetinsider.com/Analyst+PT+Change/Churchill+Downs+%28CHDN%29+PT+Raised+to+%24120+at+Wells+Fargo/27200391.html Wells Fargo analyst Trey Bowers raised the price target on Churchill Downs (NASDAQ: CHDN) to $120.00 (from $119.00) while maintaining a Overweight rating. http://www.streetinsider.com/Analyst+PT+Change/Churchill+Downs+%28CHDN%29+PT+Raised+to+%24120+at+Wells+Fargo/27200391.html Mon, 19 Oct 2026 06:59:20 -0400 CHDN http://www.streetinsider.com/Analyst+PT+Change/Churchill+Downs+%28CHDN%29+PT+Lowered+to+%24131+at+Citizens+on+Updated+EBITDA+Estimates/27175968.html <p>Citizens analyst Jordan Bender lowered the price target on Churchill Downs (NASDAQ: CHDN) to $131.00 (from $137.00) while maintaining a Market Outperform rating.</p><p>The analyst commented, "We reiterate our Market Outperform rating though lower our price target to $131 from $137. Our price target is based on 10.3x 2027E EBITDA (prior 10.5x) and 11.5x 2027E FCF (prior 11.3x)."</p> http://www.streetinsider.com/Analyst+PT+Change/Churchill+Downs+%28CHDN%29+PT+Lowered+to+%24131+at+Citizens+on+Updated+EBITDA+Estimates/27175968.html Tue, 13 Oct 2026 04:51:04 -0400 CHDN http://www.streetinsider.com/Analyst+Comments/Churchill+Downs+%28CHDN%29+PT+Lowered+to+%24131+at+Citizens+on+Updated+EBITDA+Estimates/27175968.html <p>Citizens analyst Jordan Bender lowered the price target on Churchill Downs (NASDAQ: CHDN) to $131.00 (from $137.00) while maintaining a Market Outperform rating.</p><p>The analyst commented, "We reiterate our Market Outperform rating though lower our price target to $131 from $137. Our price target is based on 10.3x 2027E EBITDA (prior 10.5x) and 11.5x 2027E FCF (prior 11.3x)."</p> http://www.streetinsider.com/Analyst+Comments/Churchill+Downs+%28CHDN%29+PT+Lowered+to+%24131+at+Citizens+on+Updated+EBITDA+Estimates/27175968.html Tue, 13 Oct 2026 04:51:04 -0400 CHDN http://www.streetinsider.com/Investing/Repole+buys+1.4%25+Churchill+Downs+stake%2C+driving+stock+up+6%25+in+Friday+trade/27171376.html <p data-path-to-node="1">Investing.com -- Shares of <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name">Churchill Downs</span></span> Incorporated (NASDAQ:CHDN) rallied over 6% in Friday trading after billionaire entrepreneur Mike Repole revealed he has acquired 1 million shares of the horse racing and gaming operator. The equity movement offers a notable shift in momentum for the stock, which has faced headwinds over the past year and remains down approximately 11% over the last 12 months.</p> <p data-path-to-node="2">The purchase represents roughly 1.4% of the Louisville-based company’s 69.7 million outstanding shares, positioning the sports drink mogul as a prominent individual investor. In a public statement on X late Thursday, Repole confirmed http://www.streetinsider.com/Investing/Repole+buys+1.4%25+Churchill+Downs+stake%2C+driving+stock+up+6%25+in+Friday+trade/27171376.html Fri, 09 Oct 2026 15:45:52 -0400 CHDN http://www.streetinsider.com/General+News/Repole+buys+1.4%25+Churchill+Downs+stake%2C+driving+stock+up+6%25+in+Friday+trade/27171376.html <p data-path-to-node="1">Investing.com -- Shares of <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name">Churchill Downs</span></span> Incorporated (NASDAQ:CHDN) rallied over 6% in Friday trading after billionaire entrepreneur Mike Repole revealed he has acquired 1 million shares of the horse racing and gaming operator. The equity movement offers a notable shift in momentum for the stock, which has faced headwinds over the past year and remains down approximately 11% over the last 12 months.</p> <p data-path-to-node="2">The purchase represents roughly 1.4% of the Louisville-based company’s 69.7 million outstanding shares, positioning the sports drink mogul as a prominent individual investor. In a public statement on X late Thursday, Repole confirmed http://www.streetinsider.com/General+News/Repole+buys+1.4%25+Churchill+Downs+stake%2C+driving+stock+up+6%25+in+Friday+trade/27171376.html Fri, 09 Oct 2026 15:45:52 -0400 CHDN http://www.streetinsider.com/Press+Releases/Churchill+Downs+Announces+New+Seating+Experiences+and+Ticket+Availability+Starting+Today+For+The+153rd+Kentucky+Derby%C2%AE/27165147.html <div class="xn-content"> <p class="prntac"><i>New Infield Turf Cabanas and Expanded Spaces Give Fans New Ways to Experience the Thrill of Derby Weekend</i></p> <p><span class="legendSpanClass"><location value="LU/us.ky.louisv" idsrc="xmltag.org" >LOUISVILLE, Ky.</location></span>, <span class="legendSpanClass"><chron>Oct. 8, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:1637809667" idsrc="xmltag.org" >Churchill Downs Racetrack</span> ("Churchill Downs") announced that tickets for the 153^rd running of the Kentucky Derby® presented by Woodford Reserve and Longines Kentucky Oaks will be available for purchase today at <chron>12:00pm ET</chron>. In http://www.streetinsider.com/Press+Releases/Churchill+Downs+Announces+New+Seating+Experiences+and+Ticket+Availability+Starting+Today+For+The+153rd+Kentucky+Derby%C2%AE/27165147.html Thu, 08 Oct 2026 10:00:00 -0400 CHDN http://www.streetinsider.com/PRNewswire/Churchill+Downs+Announces+New+Seating+Experiences+and+Ticket+Availability+Starting+Today+For+The+153rd+Kentucky+Derby%C2%AE/27165147.html <div class="xn-content"> <p class="prntac"><i>New Infield Turf Cabanas and Expanded Spaces Give Fans New Ways to Experience the Thrill of Derby Weekend</i></p> <p><span class="legendSpanClass"><location value="LU/us.ky.louisv" idsrc="xmltag.org" >LOUISVILLE, Ky.</location></span>, <span class="legendSpanClass"><chron>Oct. 8, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:1637809667" idsrc="xmltag.org" >Churchill Downs Racetrack</span> ("Churchill Downs") announced that tickets for the 153^rd running of the Kentucky Derby® presented by Woodford Reserve and Longines Kentucky Oaks will be available for purchase today at <chron>12:00pm ET</chron>. In http://www.streetinsider.com/PRNewswire/Churchill+Downs+Announces+New+Seating+Experiences+and+Ticket+Availability+Starting+Today+For+The+153rd+Kentucky+Derby%C2%AE/27165147.html Thu, 08 Oct 2026 10:00:00 -0400 CHDN http://www.streetinsider.com/Analyst+PT+Change/Churchill+Downs+%28CHDN%29+PT+Lowered+to+%24125+at+Mizuho/27157220.html <p>Mizuho analyst Ben Chaiken lowered the price target on Churchill Downs (NASDAQ: CHDN) to $125.00 (from $157.00) while maintaining a Outperform rating.</p><p>The analyst comments "We are updating estimates for recent monthly regional GGR numbers. Our 3Q26 EBITDA is now $257.8m (vs previous $264.0m/Street $264.5m) and our FY EBITDA is now $1,240.0m (vs previous $1,247.4m/Street $1,251.5m). Notably, we lower our VA estimates, in part due to continued headwinds from new supply. Additionally, we also accounted for two one-off items in VA, (1) $3.5m from business interruption proceeds in 3Q25, and (2) July of prior-year, VA had tax changes that were favorable http://www.streetinsider.com/Analyst+PT+Change/Churchill+Downs+%28CHDN%29+PT+Lowered+to+%24125+at+Mizuho/27157220.html Wed, 07 Oct 2026 05:17:14 -0400 CHDN http://www.streetinsider.com/Analyst+Comments/Churchill+Downs+%28CHDN%29+PT+Lowered+to+%24125+at+Mizuho/27157220.html <p>Mizuho analyst Ben Chaiken lowered the price target on Churchill Downs (NASDAQ: CHDN) to $125.00 (from $157.00) while maintaining a Outperform rating.</p><p>The analyst comments "We are updating estimates for recent monthly regional GGR numbers. Our 3Q26 EBITDA is now $257.8m (vs previous $264.0m/Street $264.5m) and our FY EBITDA is now $1,240.0m (vs previous $1,247.4m/Street $1,251.5m). Notably, we lower our VA estimates, in part due to continued headwinds from new supply. Additionally, we also accounted for two one-off items in VA, (1) $3.5m from business interruption proceeds in 3Q25, and (2) July of prior-year, VA had tax changes that were favorable http://www.streetinsider.com/Analyst+Comments/Churchill+Downs+%28CHDN%29+PT+Lowered+to+%24125+at+Mizuho/27157220.html Wed, 07 Oct 2026 05:17:14 -0400 CHDN http://www.streetinsider.com/SEC+Filings/Form++4++++++++++Churchill+Downs+Inc+++++++For%3A+Sep+30++Filed+by%3A+GRISSOM+DOUGLAS+C/27142112.html si-local-file:///var/storage/secattach/20261002/27142112.html http://www.streetinsider.com/SEC+Filings/Form++4++++++++++Churchill+Downs+Inc+++++++For%3A+Sep+30++Filed+by%3A+GRISSOM+DOUGLAS+C/27142112.html Fri, 02 Oct 2026 16:06:00 -0400 CHDN http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++Churchill+Downs+Inc+++++++For%3A+Sep+25/27111050.html si-local-file:///var/storage/secattach/20260928/27111050.html http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++Churchill+Downs+Inc+++++++For%3A+Sep+25/27111050.html Mon, 28 Sep 2026 09:23:00 -0400 CHDN http://www.streetinsider.com/Corporate+News/Churchill+Downs+closes+%24500M+term+loan+B+and+extends+credit+facility/27109893.html <p>Churchill Downs Incorporated (Nasdaq: CHDN) announced the closing of an amended credit facility and a new $500 million senior secured Term Loan B due 2033, according to a company press release.</p> <p>The new Term Loan B carries an interest rate of SOFR plus 175 basis points and was issued at 99.875% of its principal amount. The company plans to use the proceeds to repay existing Term Loan B loans, repay outstanding revolving loans, cover transaction fees and expenses, and fund working capital and general corporate purposes.</p> <p>As part of the credit agreement amendment, Churchill Downs extended the maturity date of its existing http://www.streetinsider.com/Corporate+News/Churchill+Downs+closes+%24500M+term+loan+B+and+extends+credit+facility/27109893.html Mon, 28 Sep 2026 07:00:35 -0400 CHDN http://www.streetinsider.com/Press+Releases/Churchill+Downs+Incorporated+Announces+Closing+of+Amended+and+Extended+Credit+Facility+and+New+Term+Loan+B/27109883.html <p align="justify">LOUISVILLE, Ky., Sept. 28, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN, “CDI,” “the Company”) announced today that CDI successfully closed its amended and extended Credit Facility and new Term Loan B (“2033 TLB”).</p> <p align="justify">CDI closed an amendment to its senior secured credit agreement (the “Credit Agreement Amendment”) to extend the maturity date of its existing revolving credit facility and term loan A facility from 2029 to 2031 and to make certain other changes to its existing credit agreement.   The interest rate applicable to borrowings on the Credit Agreement Amendment will be SOFR-based plus http://www.streetinsider.com/Press+Releases/Churchill+Downs+Incorporated+Announces+Closing+of+Amended+and+Extended+Credit+Facility+and+New+Term+Loan+B/27109883.html Mon, 28 Sep 2026 07:00:00 -0400 CHDN http://www.streetinsider.com/Globe+Newswire/Churchill+Downs+Incorporated+Announces+Closing+of+Amended+and+Extended+Credit+Facility+and+New+Term+Loan+B/27109883.html <p align="justify">LOUISVILLE, Ky., Sept. 28, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN, “CDI,” “the Company”) announced today that CDI successfully closed its amended and extended Credit Facility and new Term Loan B (“2033 TLB”).</p> <p align="justify">CDI closed an amendment to its senior secured credit agreement (the “Credit Agreement Amendment”) to extend the maturity date of its existing revolving credit facility and term loan A facility from 2029 to 2031 and to make certain other changes to its existing credit agreement.   The interest rate applicable to borrowings on the Credit Agreement Amendment will be SOFR-based plus http://www.streetinsider.com/Globe+Newswire/Churchill+Downs+Incorporated+Announces+Closing+of+Amended+and+Extended+Credit+Facility+and+New+Term+Loan+B/27109883.html Mon, 28 Sep 2026 07:00:00 -0400 CHDN http://www.streetinsider.com/Press+Releases/Churchill+Downs+Incorporated+2026+Third+Quarter+Financial+Results+Conference+Call+Invitation/27083151.html <p align="justify">LOUISVILLE, Ky., Sept. 21, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release third quarter 2026 financial results after the market closes on Wednesday, October 28, 2026, and host a related conference call to discuss the quarter on Thursday, October 29, 2026, at 9 a.m. ET.</p> <p align="justify">Investors and other interested parties may listen to the call by accessing the online, real-time webcast at <a target="_blank" href="https://www.globenewswire.com/Tracker?data=slK22J76qkhcq6Kb9x9kF2YQiDwsVJ78-kh4CA853FpMC6iCpJHvOpDQH-IozG1d1QkPpCNKjP3gjRxe9ZpZeMN_7bDuOIJRHIbx-Eo60ZWjP5moxHKN8Ua1IUPdFdXcPYtHEhKlUyNBc9zOu1Z8UmPHCusRNQx_f7EN7ZOyxwsCEbIADvKh5Fv2Xqs0_Re03oqfwEMdE9ZSHiFFn6AkwQ==" rel="nofollow" target="_blank">https://ir.churchilldownsincorporated.com/events-presentations</a> or by registering in advance via teleconference <a target="_blank" href="https://www.globenewswire.com/Tracker?data=8_YKB4HnKx-qwihoZ1INaTIiLl7QR266BYGRgN8jdrPYJn7dzu_HTxgxy20HV1GuC1NAc7inUsyrDMhltJbwJG7A79GDP0x8JcdslfnbXK7p5TzVlt4-JlbXbhfqeXUGK8Q3X8xyi6q9XyOPfotgbBJ130qP_bbPRJw2f4wBwIk=" rel="nofollow" target="_blank">here</a>. Once registration is completed, participants will http://www.streetinsider.com/Press+Releases/Churchill+Downs+Incorporated+2026+Third+Quarter+Financial+Results+Conference+Call+Invitation/27083151.html Mon, 21 Sep 2026 08:00:00 -0400 CHDN http://www.streetinsider.com/Globe+Newswire/Churchill+Downs+Incorporated+2026+Third+Quarter+Financial+Results+Conference+Call+Invitation/27083151.html <p align="justify">LOUISVILLE, Ky., Sept. 21, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release third quarter 2026 financial results after the market closes on Wednesday, October 28, 2026, and host a related conference call to discuss the quarter on Thursday, October 29, 2026, at 9 a.m. ET.</p> <p align="justify">Investors and other interested parties may listen to the call by accessing the online, real-time webcast at <a target="_blank" href="https://www.globenewswire.com/Tracker?data=slK22J76qkhcq6Kb9x9kF2YQiDwsVJ78-kh4CA853FpMC6iCpJHvOpDQH-IozG1d1QkPpCNKjP3gjRxe9ZpZeMN_7bDuOIJRHIbx-Eo60ZWjP5moxHKN8Ua1IUPdFdXcPYtHEhKlUyNBc9zOu1Z8UmPHCusRNQx_f7EN7ZOyxwsCEbIADvKh5Fv2Xqs0_Re03oqfwEMdE9ZSHiFFn6AkwQ==" rel="nofollow" target="_blank">https://ir.churchilldownsincorporated.com/events-presentations</a> or by registering in advance via teleconference <a target="_blank" href="https://www.globenewswire.com/Tracker?data=8_YKB4HnKx-qwihoZ1INaTIiLl7QR266BYGRgN8jdrPYJn7dzu_HTxgxy20HV1GuC1NAc7inUsyrDMhltJbwJG7A79GDP0x8JcdslfnbXK7p5TzVlt4-JlbXbhfqeXUGK8Q3X8xyi6q9XyOPfotgbBJ130qP_bbPRJw2f4wBwIk=" rel="nofollow" target="_blank">here</a>. Once registration is completed, participants will http://www.streetinsider.com/Globe+Newswire/Churchill+Downs+Incorporated+2026+Third+Quarter+Financial+Results+Conference+Call+Invitation/27083151.html Mon, 21 Sep 2026 08:00:00 -0400 CHDN http://www.streetinsider.com/Corporate+News/Churchill+Downs+prices+%24500+million+term+loan+due+2033/27076718.html <p>Churchill Downs Incorporated (Nasdaq: CHDN) priced a $500 million senior secured Term Loan B due 2033, according to a company statement. The loan was priced at SOFR plus 175 basis points and issued at 99.875% of the principal amount.</p><p>The Louisville, Kentucky-based company said it intends to use the proceeds to repay outstanding Term Loan B loans, repay outstanding revolving loans, fund related transaction fees and expenses, and for working capital and general corporate purposes.</p><p>Churchill Downs also said it plans to issue a conditional redemption notice for its 5.50% Senior Notes due 2027, with the redemption to occur 30 days after http://www.streetinsider.com/Corporate+News/Churchill+Downs+prices+%24500+million+term+loan+due+2033/27076718.html Thu, 17 Sep 2026 17:06:46 -0400 CHDN http://www.streetinsider.com/Press+Releases/Churchill+Downs+Incorporated+Announces+Pricing+of+%24500+Million+Senior+Secured+Term+Loan+B+Due+2033/27076699.html <p align="justify">LOUISVILLE, Ky., Sept. 17, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN, “CDI,” “the Company”) announced today that it successfully priced its previously announced $500 million in aggregate principal amount of senior secured Term Loan B due 2033 (“2033 TLB”). The 2033 TLB priced at SOFR plus 175 basis points and issued at 99.875% of the principal amount.</p> <p align="justify">CDI intends to use the net proceeds from 2033 TLB (i) to repay outstanding Term Loan B loans, (ii) to repay outstanding revolving loans, (iii) to fund related transaction fees and expenses, and (iv) for working http://www.streetinsider.com/Press+Releases/Churchill+Downs+Incorporated+Announces+Pricing+of+%24500+Million+Senior+Secured+Term+Loan+B+Due+2033/27076699.html Thu, 17 Sep 2026 17:04:00 -0400 CHDN